Sugar candy is a rich sweet confection formulated extensive sugar and often combined or flavored with nuts or fruits. Continuously rising innovative, rapid modernization and regirous product launches, increasing e-commerce market coupled with expanding synchronized distribution networks and organized retail channels are anticipated to drive sugar candy market internationally in the coming years.
MARKET DYNAMICS
The target population for the sugar candy market is mainly young and children population. The increasing availability of several varieties of sugar candies, both non-chocolate as well as chocolate candies, has led to the increasing demand for sugar candies, fuelled by impulsive purchase behavior of consumers. With mergers, strategic expansions, and new product launches, in order to cater to the rising demand for candies, companies are coming up with innovative seasonal flavours and tastes, in order to gain higher market shares.
MARKET SCOPE
The "Global Sugar Candy Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sugar candy with detailed market segmentation by type, application. The global sugar candy market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sugar candy market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global sugar candy market is segmented on the basis of type into monocrystalline /monocrystal rock sugar, and natural rock sugar. On the basis of application the sugar candy market is segmented into restaurant, retail.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sugar candy market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sugar candy market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the sugar candy market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sugar candy market in these regions.
MARKET PLAYERS
The reports cover key developments in the sugar candy market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from sugar candy market are anticipated to lucrative growth opportunities in the future with the rising demand for sugar candy in the global market. Below mentioned is the list of few companies engaged in the sugar candy market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sugar candy market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Helen Ou
- GLOBAL PACK CO LIMITED
- Shanghai Genyond Technology
- Guangdong Nanz Technology
- Nestl?
- Meiji Holdings Co., Ltd.
- General Mills Inc.
- Kellogg NA Co
- HARIBO of America, Inc.
- Ferrero
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.